Reynolds Consumer Products Inc. (NASDAQ:REYN – Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as $20.68 and last traded at $20.8550, with a volume of 171705 shares trading hands. The stock had previously closed at $20.93.
Wall Street Analyst Weigh In
Several research firms have weighed in on REYN. Barclays dropped their price target on Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 14th. JPMorgan Chase & Co. dropped their price target on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Royal Bank Of Canada set a $24.00 price target on Reynolds Consumer Products and gave the stock a “sector perform” rating in a research report on Thursday, April 9th. Canaccord Genuity Group dropped their price target on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a research report on Monday, January 26th. Finally, Zacks Research raised Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Seven analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $23.60.
View Our Latest Research Report on REYN
Reynolds Consumer Products Stock Performance
Reynolds Consumer Products (NASDAQ:REYN – Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). The business had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.01 billion. Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. Reynolds Consumer Products’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.58 EPS. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q1 2026 guidance at 0.230-0.250 EPS. Research analysts forecast that Reynolds Consumer Products Inc. will post 1.61 earnings per share for the current year.
Reynolds Consumer Products Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a $0.23 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.4%. Reynolds Consumer Products’s payout ratio is currently 63.89%.
Insider Activity at Reynolds Consumer Products
In other Reynolds Consumer Products news, Director Rolf Stangl acquired 4,705 shares of the stock in a transaction dated Wednesday, March 18th. The stock was acquired at an average price of $21.06 per share, with a total value of $99,087.30. Following the completion of the transaction, the director directly owned 39,537 shares in the company, valued at approximately $832,649.22. This trade represents a 13.51% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 0.37% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Reynolds Consumer Products
Institutional investors have recently added to or reduced their stakes in the company. Larson Financial Group LLC grew its position in Reynolds Consumer Products by 70.4% during the fourth quarter. Larson Financial Group LLC now owns 1,264 shares of the company’s stock valued at $29,000 after acquiring an additional 522 shares during the period. Rothschild Investment LLC grew its position in Reynolds Consumer Products by 2,734.8% during the third quarter. Rothschild Investment LLC now owns 1,304 shares of the company’s stock valued at $32,000 after acquiring an additional 1,258 shares during the period. Farther Finance Advisors LLC grew its position in Reynolds Consumer Products by 127.7% during the fourth quarter. Farther Finance Advisors LLC now owns 1,391 shares of the company’s stock valued at $32,000 after acquiring an additional 780 shares during the period. Quent Capital LLC purchased a new stake in Reynolds Consumer Products during the third quarter valued at about $33,000. Finally, SJS Investment Consulting Inc. grew its position in Reynolds Consumer Products by 4,657.9% during the first quarter. SJS Investment Consulting Inc. now owns 1,808 shares of the company’s stock valued at $38,000 after acquiring an additional 1,770 shares during the period. Hedge funds and other institutional investors own 26.81% of the company’s stock.
About Reynolds Consumer Products
Reynolds Consumer Products, Inc (NASDAQ: REYN) is a leading North American manufacturer and marketer of household consumer products. The company specializes in food storage and cooking solutions, including aluminum foil, plastic wrap, food storage containers and disposable tableware. Its core portfolio features well-known brands such as Reynolds Wrap aluminum foil, Hefty storage containers and trash bags, and Fastfold paper plates.
The company operates through a network of manufacturing and distribution facilities across North America, Latin America, Europe and the Asia Pacific region.
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